India: SKMEPL to auction over 120,000 t of iron ore from Karnataka

Sri Kumaraswamy Mineral Exports Pvt Ltd (SKMEPL) has scheduled an auction for the sale of around 96,000 t of iron ore fines (Fe58.1-66.0%) and 28,000 t of lumps (Fe59.5-65.5%) from Ramanadurga mines in Bellary, Karnataka on 20 Oct’22. The floor price of fines is INR 2,501-4,200/t and that of lumps is INR 4,380-4,880/t. Prices will be exclusive of royalty, DMF and NMET charges.


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